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Our Bureau

New Delhi, Jan. 19

J K Lakshmi Cement Ltd has reported a 386 per cent jump in net profit at Rs 55.06 crore for the quarter ended December 31, compared to Rs 11.33 crore in the year-ago period. Net sales rose 50 per cent to Rs 228.64 crore during the quarter, as against Rs 152.86 crore in the corresponding period of the previous fiscal. The company attributed the increase in profitability to an upswing in cement prices.

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